MARION BLAKEY - 15 Aug 2022 Form 4 Insider Report for AEROJET ROCKETDYNE HOLDINGS, INC. (AJRD)

Role
Director
Signature
/s/ Rebecca A. Bauer, attorney-in-fact
Issuer symbol
AJRD
Transactions as of
15 Aug 2022
Transactions value $
$53,707
Form type
4
Filing time
17 Aug 2022, 17:26:53 UTC
Previous filing
11 Jul 2022
Next filing
17 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJRD Common Stock Award $35,819 +843 $42.49 843 15 Aug 2022 Direct F1
transaction AJRD Common Stock Award $17,888 +421 +50% $42.49 1,264 15 Aug 2022 Direct F2
transaction AJRD Common Stock Award $0 +3,294 +261% $0 4,558 15 Aug 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Effective March 24, 2010, the Board of Directors approved a Director Compensation Program which allows Directors to receive Aerojet Rocketdyne Holdings, Inc. common stock in lieu of their cash compensation. The number of shares of common stock shown reflects the common stock received by this Reporting Person in lieu of their annual cash retainer fee paid quarterly.
F2 Pursuant to the Director Compensation Program, if a Director elects to receive common stock in lieu of at least 50% of their cash compensation, the Company will grant restricted shares equal in value to 50% of the amount of cash compensation they elect to receive in common stock. Such restricted shares will vest on the earlier of (i) the date of the Director's retirement from the Board, and (ii) one year after the grant date. The number of shares of common stock shown reflects the grant of restricted shares.
F3 Grant to Reporting Person of restricted stock under the Aerojet Rocketdyne Holdings, Inc. 2019 Equity and Performance Incentive Plan. Such shares of restricted stock will vest in 50% increments on February 15, 2023 and August 15, 2023.